NOT LISTED FOR SALE

901 Lounds St Inverness, FL 34450

Estimated Value: $50,567 - $63,000

0.43 Acres
$131,447 Price per Acre
18,731 Sq Ft Lot

Last Sold March 15, 2023

Last sale price $50,000

Est. 13% increase in value since last sale

Current estimated payment $389/month

241 Days on Market

Highlights

  • Lake Front
  • Corner Lot
  • No HOA
  • Room in yard for a pool

About This Lot

As of March 2023

LOCATION LOCATION LOCATION!! This LAKE VIEW property has it ALL! Property is zoned for Duplexes, Professional Offices, or build your dream home!. A CORNER lot with road frontage on Ella Ave and Lounds St is in a perfect location in downtown Inverness. Near Grocery Stores, Schools, Trails and Downtown. This lot is cleared and ready to build. Go take a look today!!

Last Agent to Sell the Property

Dawn Terrell

Plantation Realty, Inc. License #3455502 Listed on: 07/16/2022

Last Buyer's Agent

Chelsea Adams

Keller Williams Realty - Elite Partners II License #3396246

Keller Williams Realty - Elite Partners II

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $367

Lot Details

  • 0.43 Acre Lot
  • Lake Front
  • East Facing Home
  • Corner Lot
  • Rectangular Lot
  • Level Lot
  • Property is zoned RO

Property Views

  • Lake Views

Schools

  • Inverness Middle School

Community Details

Overview

  • No Home Owners Association
  • Labelle Subdivision

Recreation

  • Room in yard for a pool

Property Details

Property Type

Land

Est. Annual Taxes

$367

Lot Details

0.43 Acres

Listing Details

  • Directions: From Tompkins turn right Ella Ave, Property is corner lot 4 blocks down on Left.
  • Water Frontage Type: Lakefront
  • Lot Size Acres: 0.43
  • Property Sub Type: Unimproved Land
  • Property Sub Type Additional: Unimproved Land
  • Prop. Type: Land
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: LaBelle
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Commercial, Multi-Family, Single Family

Exterior Features

  • Direction Faces: East
  • Exterior Features: Room For Pool
  • Lot Features: Corner Lot, Flat, Rectangular
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake Front

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Inverness Middle

Lot Info

  • Lot Size Sq Ft: 18733.0
  • Zoning: RO
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 366.95
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2022
Closed on
Mar 9, 2023
Sold by
Skywalker Development Of Florida Llc
Bought by
Petty Brandon and Brigmond Debra
Seller's Agent
Dawn Terrell
Plantation Realty, Inc.
Buyer's Agent
Chelsea Adams
Keller Williams Realty - Elite Partners II
List Price
$60,000
Sold Price
$50,000
Premium/Discount to List
-$10,000
-16.67%
Views
124
Current Estimated Value
$56,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,522
Avg. Annual Appreciation
4.17%

Purchase Details

Listed on
May 17, 2021
Closed on
Sep 28, 2021
Sold by
Zakaria Reza and Zakaria Mohamed
Bought by
Skywalker Development Of Florida Llc
Seller's Agent
Dawn Terrell
Plantation Realty, Inc.
Buyer's Agent
Dawn Terrell
Plantation Realty, Inc.
List Price
$45,000
Sold Price
$42,000
Premium/Discount to List
-$3,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.68%

Purchase Details

Closed on
Sep 6, 2019
Sold by
Delage Frank and Delage Ann
Bought by
Citrus Propety Ventures Llc

Purchase Details

Closed on
Jul 8, 2004
Sold by
Cason John E and John E Cason Jr Family Trust
Bought by
Cason John E and John E Cason Jr Revocable Trus

Purchase Details

Closed on
Apr 1, 1997
Bought by
Zakaria Mohamed

Purchase Details

Closed on
Oct 1, 1992
Bought by
Zakaria Mohamed

Purchase Details

Closed on
Aug 1, 1990
Bought by
Zakaria Mohamed

Purchase Details

Closed on
Apr 1, 1990
Bought by
Zakaria Mohamed

Purchase Details

Closed on
Nov 1, 1988
Bought by
Zakaria Mohamed
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Petty Brandon $50,000 Landcastle Title Group
Skywalker Development Of Florida Llc $42,000 Fidelity Title Services Llc
Citrus Propety Ventures Llc -- Attorney
Cason John E -- --
Zakaria Mohamed $17,000 --
Zakaria Mohamed $18,500 --
Zakaria Mohamed $18,500 --
Zakaria Mohamed $100 --
Zakaria Mohamed $17,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/15/2023 03/15/23 Sold $50,000 -16.7% --
07/16/2022 07/16/22 For Sale $60,000 +42.9% --
09/28/2021 09/28/21 Sold $42,000 -6.7% -- View Prior Sale
08/29/2021 08/29/21 Pending -- -- --
05/17/2021 05/17/21 For Sale $45,000 -- --
Source: REALTORS® Association of Citrus County

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,138 $51,940 $51,940 --
2024 $833 $51,940 $51,940 --
2023 $833 $37,136 $0 $0
2022 $729 $33,760 $33,760 $0
2021 $367 $17,070 $17,070 $0
2020 $372 $17,070 $17,070 $0
2019 $352 $15,760 $15,760 $0
2018 $358 $15,760 $15,760 $0
2017 $360 $15,760 $15,760 $0
2016 $362 $15,760 $15,760 $0
2015 $388 $16,990 $16,990 $0
2014 $407 $17,000 $17,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Citrus County

MLS Number: 814970

REALTORS® Association of Citrus County

APN: 20E-19S-18-0050-D0080-0010

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